The liquidation fee is 1.5%. If you open with 49x leverage, that means 1.5% x 49 = 73.5%. If liquidation occurs, you will be charged 73.5% of your initial margin.
This serves as a reminder that if the contract is close to the liquidation price, you need to manually close your position or set a stop-loss order. Avoid liquidation. First, liquidation incurs a clearing fee; second, the clearing fee for liquidation does not have any commission rebates. If you manually close your position at the liquidation price, the fees will have rebates, and your account balance can still retain a small amount of funds: #币安Alpha积分 #币安HODLer空投SIGN #币安Alpha上新 $ALPACA